Different Strokes. This was my primary reason to choose between New York city and the Bay Area some 6 years ago. The 250 miles radius around the bay area has lot to offer. That said, I do feel there's a deprecation at play. You can only make so many trips to Tahoe and Santa Cruz.

If Los Angeles had 1/3rd the tech scene that you've here in the Bay Area. I'd move there in a heartbeat. By tech scene I mean a good mix of big tech co., an unicorn or two, and buzzing startups.